The Swiss Financial Market Supervisory Authority (FINMA) has ordered the liquidation of MBaer Merchant Bank, which has been labelled a money laundering risk by the United States. + Get the most important news from Switzerland in your inbox The supervisory authority had previously identified serious deficiencies in the Zurich-based private bank's anti-money laundering practices during an investigation. + Read why dirty money does not need Swiss banking secrecy to thrive The revocation of its banking license and the liquidation order were possible after MBaer Bank withdrew its appeal against the FINMA proceedings before the Federal Administrative Court, FINMA announced on Friday. The supervisory authority has already appointed liquidators at the bank. In addition, FINMA has opened proceedings in four cases against unnamed individuals. These individuals may be responsible for violations of supervisory law in connection with the matters under investigation, the authority stated. + ...
Full story here
Are you the author?
Previous post
See more for
Next post
Tags: Featured,newsletter
Home › 3) Swiss Markets and News › 3.) Swissinfo Business and Economy › ‘Money laundering’ Swiss MBaer bank shut down
Previous post
Next post
‘Money laundering’ Swiss MBaer bank shut down
Published on February 27, 2026
Permanent link to this article: https://snbchf.com/2026/02/money-laundering-swiss-mbaer-bank-down/
Receive a Daily Mail from this Blog
Live Currency Cross Rates
On Swiss National Bank
-
SNB Sight Deposits: decreased by 3.1 billion francs compared to the previous week
2 days ago -
SNB’s Chairman Schlegel: A few months of negative inflation wouldn’t be a problem
2026-01-21 -
2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
2025-07-31 -
SNB Brings Back Zero Percent Interest Rates
2025-06-26 -
Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
2025-06-24
Main SNB Background Info
-
SNB Sight Deposits: decreased by 3.1 billion francs compared to the previous week
2 days ago -
The Secret History Of The Banking Crisis
2017-08-14 -
SNB Balance Sheet Now Over 100 percent GDP
2016-08-29 -
The relationship between CHF and gold
2016-07-23 -
CHF Price Movements: Correlations between CHF and the German Economy
2016-07-22
Featured and recent
-
EIL: Landtag in Rheinland-Pfalz beschließt Ende der Demokratie! -
Was 95% der Bürger NICHT über die SPD wissen! -
4-16-26 What Will the Fed Do Next? -
Finzanzmärkte vor dem Schock? Experte warnt vor historischer Korrektur – und favorisiert Bitcoin -
The Market Knew And Proved It Again -
Politbombe im Ungarischen Fernsehen: Wahlsieger SCHOCKT mit Desolatem Goebbels Vergleich! -
Taco Bell kündigt zweiten Anlauf in Deutschland an -
EIl: Amadeu Antonio Stiftung am Ende! MEGA Skandal SCHOCK! -
How close is Iran to having a nuclear weapon? | The Economist -
4-15-26 Why This 10%+ Rally Is a Repeatable Setup
More from this category
Finzanzmärkte vor dem Schock? Experte warnt vor historischer Korrektur – und favorisiert Bitcoin16 Apr 2026
The Market Knew And Proved It Again16 Apr 2026
- The American People Should Not Be Forced to Fund Israel’s Atrocities
15 Apr 2026
- Trump Will Need Plenty of Inflation to Finance His New War
15 Apr 2026
- Tax Freedom Day Underestimates How Long You Work for the Government
15 Apr 2026
- Artificial Liquidity Brings Inflation Shocks
15 Apr 2026
- Precious Metals Work
15 Apr 2026
- The “Small Miracle” of AI Managed Renewable Energy Is a Shell Game
15 Apr 2026
The Greenback is Poised to Snap Losing Streak15 Apr 2026
Will Private Credit Cause The Next Financial Crisis?15 Apr 2026
Is The Iran War Good For The Petrodollar?15 Apr 2026
- Deutsche Börse Acquires Stake in Kraken in $200M Digital Asset Deal
15 Apr 2026
- Rand Paul’s “Six Penny Plan” to Balance the Federal Budget in Five Years
15 Apr 2026
- Poll: JD Vance is the most unpopular vice president in history
14 Apr 2026
- Milei’s Monetary Mistake
14 Apr 2026
- Ford CEO Wants the US Regime to Protect US Automakers from Competition
14 Apr 2026
- Blockading The Blockade?
14 Apr 2026
- Precious Metals Work
14 Apr 2026
- The Danger of Allowing Good Intentions to Override the Constitution
14 Apr 2026
- Thanks to Obstructionist Government, Rebuilding after the LA Fires of 2025 Is Almost Nonexistent
14 Apr 2026













